Nordic American Tankers (NAT) Gross Profit (2009 - 2026)
Nordic American Tankers' (NAT) quarterly Gross Profit came in at $48.6 million in Q1 2026, up 337.55% year-on-year from $11.1 million in Q1 2025, and down 73.4% quarter-over-quarter from $182.5 million in Q4 2025.
Nordic American Tankers (NAT) Gross Profit (2009 - 2026) Analysis & Trends
Nordic American Tankers' Gross Profit history runs 18 years deep, the most recent figure standing at $48.6 million for Q1 2026.
- On a quarterly basis, Gross Profit rose 337.55% year-over-year to $48.6 million in Q1 2026; TTM through Mar 2026 was $261.1 million, a 10.73% decrease from a year earlier, with the FY2025 full-year figure at $72.7 million, down 67.72% from the prior year.
- Gross Profit eased to $48.6 million in Q1 2026 per NAT's latest filing, from $182.5 million in the prior quarter.
- Across five years, Gross Profit topped out at $71.1 billion in Q4 2022 and bottomed at -$33.4 million in Q4 2023.
- The 5-year median for Gross Profit is $21.9 million (2024), against an average of $4.2 billion.
- Across the five-year window, Gross Profit surged 726143.63% in 2022 and sank 200.21% in 2023, its largest moves.
- Year by year, Gross Profit stood at $71.1 billion in 2022, then plunged by 100.05% to -$33.4 million in 2023, then jumped by 772.93% to $225.1 million in 2024, then fell by 18.91% to $182.5 million in 2025, then plunged by 73.4% to $48.6 million in 2026.
- Per Business Quant, the three latest NAT Gross Profit figures stand at $48.6 million (Q1 2026), $182.5 million (Q4 2025), and $16.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn |
| 10 | Nordic American Tankers | 1.36 Bn | 1.28 Bn | 48.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.56 Mn |
| Mar 31, 2026 | 48.56 Mn |
| Dec 31, 2025 | 182.54 Mn |
| Dec 31, 2025 | 182.54 Mn |
| Sep 30, 2025 | 16.38 Mn |
| Sep 30, 2025 | 16.38 Mn |
| Jun 30, 2025 | 13.58 Mn |
| Jun 30, 2025 | 13.58 Mn |
| Mar 31, 2025 | 11.10 Mn |
| Mar 31, 2025 | 11.10 Mn |
| Dec 31, 2024 | 225.10 Mn |
| Dec 31, 2024 | 225.10 Mn |
| Sep 30, 2024 | 21.86 Mn |
| Sep 30, 2024 | 21.86 Mn |
| Jun 30, 2024 | 34.39 Mn |
| Jun 30, 2024 | 34.39 Mn |
| Mar 31, 2024 | 25.86 Mn |
| Mar 31, 2024 | 25.86 Mn |
| Dec 31, 2023 | -33.45 Mn |
| Dec 31, 2023 | -33.45 Mn |